Economic Resilience of Polish Regions and its Determinants in the Period of Covid-19 Pandemic
Marcin Bogdański
Faculty of Economic Sciences ,University of Warmia and Mazury in Olsztynhttps://orcid.org/0000-0002-1396-5018
Abstract
The aim of the research was to identify, based on available literature, factors determining the level of economic resilience of Polish regions and then verify whether they actually contributed to a more effective amortization of the demand and supply shock caused by the COVID-19 pandemic. The thesis was put forward that regions with a diversified and competitive production and employment structure experienced the negative effects of the economic slowdown to a lesser extent in the initial period of the pandemic and built their production potential faster in the following years.
Based on the results obtained, the relationship between the level of diversification of the production structure and the economic resilience of the studied regions was not confirmed. On the other hand, it was noticed that voivodeships with a competitive production structure were more likely to experience a decline in the growth rate of GDP per capuita in the year of the outbreak of the pandemic. At the same time, in subsequent periods they returned to a relatively dynamic path of economic growth more quickly.
Keywords:
economic resiliance, economic growth, economic activityReferences
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Faculty of Economic Sciences ,University of Warmia and Mazury in Olsztyn
https://orcid.org/0000-0002-1396-5018
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